THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, CHEADLE HULME
Latest income
£148k
Latest spending
£127k
Registered
2009
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £10,227 for the year, primarily due to unrestricted expenditure exceeding income. The trustees note that the most significant risk is the continued use of reserves to fund day-to-day running costs, although they have reduced Parish Share payments to slow the reduction in reserves.
What the accounts disclose
Reserves policy: three to six months of expenditure (held: £111k)
“It is the policy of the Church that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between 3 and 6 months’ expenditure, that is up to 50% of its annual expenditure.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Trustees
- ANDREW PETER HUGHES
- CHRISTINE ANNE SPENCER Secretary
- CLARE JANET RUSSELL
- FRANCES PICKETT
- JANET EVELYN ASHMAN
- JANET KATHLEEN VALENTINE
- JENNIFER MARJORIE PICKERING
- JEREMY REGINALD VALENTINE
- JULIA RUTH BALL
- KATHERINE JANE HUGHES
- LILY MITCHELHILL
- LISA BACON
- MARGARET EPPS
- Rev SARAH HANCOCK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £148k | £127k |
| 31/12/2023 | £101k | £139k |
| 31/12/2022 | £109k | £129k |
| 31/12/2021 | £72k | £129k |
| 31/12/2020 | £72k | £127k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, CHEADLE HULME financially healthy?
The accounts state that the charity reported a net deficit of £10,227 for the year, primarily due to unrestricted expenditure exceeding income. The trustees note that the most significant risk is the continued use of reserves to fund day-to-day running costs, although they have reduced Parish Share payments to slow the reduction in reserves. Its FY2024 accounts were independently examined.
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